Hello Traders, Understanding the psychology of mass behavior in trading is crucial for success in the markets. This post delves into key psychological phenomena and provides strategies to overcome these biases. Key Psychological Phenomena 1. Herd Behavior: Traders often follow the crowd without independent analysis. This can lead to bubbles and...
Hello Traders, Understanding the psychology of mass behavior in trading is crucial for success in the markets. This post delves into key psychological phenomena and provides strategies to overcome these biases. Key Psychological Phenomena 1. Herd Behavior: Traders often follow the crowd without independent analysis. This can lead to bubbles and...
Ethereum (ETHUSD) Analysis Chart Type: 30-min TPO and 1-day Volume Footprint Key Levels: Support: 3,200 USD Resistance: 3,560 USD TPO Insights: POC: High trading activity indicating strong support/resistance VAL & VAH: Consolidation within this range, watch for breakouts Volume Footprint: Significant volume around support zone, potential rebound. Predicted...
The XAU/USD is showing signs of potential bearish movement with the completion of the Bearish Butterfly pattern and the formation of a Bearish Flag. Key levels to watch are the resistance at 2380.000 and support around 2295.554. Traders should monitor these levels and the price action closely for confirmation of the predicted movements.